health and safety risks and serves as the principal benefit measure for government risk regulation policies. The hedonic … on health status. The VSL varies with age, income, the cause of death (e.g., cancer), and other factors. This chapter … also examines the risk-risk analysis approach and provides a comprehensive survey of the use of VSL by government agencies. …

respondents. We examine how homeowners in the United Kingdom and Italy value mortality risk reductions by asking them to choose … quantitative and clearly specified measure of health risks. We find that Italian homeowners hold a value of a statistical life (VSL … among hypothetical variants of their home that differ in terms of mortality risks from air pollution and price. To our …